Skip To Content

2925 N Alvernon Way

Tucson, AZ 85712
  • $2,100,000
  • STATUS: Active
  • ID#: 22310286
UPDATED: 176 min ago
$2,100,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,477
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1984
County:
Area:

School Ratings & Info

Courtesy of Realty Executives Arizona Territory.

Description

Value-add 21-unit apartment complex opportunity! This property includes 4 charming casitas with covered parking, yards and laundry hook ups, 12 spacious 1-bed, 1-bath units, four 2-bed, 1-bath units, and a single 3-bed, 2-bathhouse with private yard. Located in a highly desirable central location, this property offers easy access to public transportation with a bus line located just steps away. This complex also boasts the added benefit of covered parking, a Pool and Laundry room. Current rents and vacancy are well below market. Pool is empty and not working. Contact listing agents for more information. Offers due by May 25th. Seller Financing available!

Monthly Payment Calculator



MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-06-10T00:07:43.923.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Eclipse Real Estate Group | Realty Executives Arizona Territory are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.eclipsehomesaz.com/homes/139456084
Print Image

2925 N Alvernon Way Tucson, AZ 85712

  • Price: $2,100,000
  • Status: Active
  • On Site: Days
  • Updated: 176 min ago
  • ID#: 22310286
0
Beds
0
Baths
0
½ Baths
0.83
Acres
12,477
SQFT
$168
$/SQFT
1984
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Value-add 21-unit apartment complex opportunity! This property includes 4 charming casitas with covered parking, yards and laundry hook ups, 12 spacious 1-bed, 1-bath units, four 2-bed, 1-bath units, and a single 3-bed, 2-bathhouse with private yard. Located in a highly desirable central location, this property offers easy access to public transportation with a bus line located just steps away. This complex also boasts the added benefit of covered parking, a Pool and Laundry room. Current rents and vacancy are well below market. Pool is empty and not working. Contact listing agents for more information. Offers due by May 25th. Seller Financing available!
Exterior Features

Construction Other Parking Number Covered Parking 12 Roof Shingle

Interior Features

Main Cooling Central AirEvaporative Cooling Main Heating ElectricNatural GasOther

Property Features

Analysis Cap Rate Percent 8.70 Analysis Gross Rent Multi 8.00 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Figures Presented Proforma Expenses Insurance 6166.00 Expenses Management 21009.00 Expenses Other Expenses 44480.00 Expenses Taxes Assessments 7482.00 Fema Flood Zone Tbd Fenced Storage No Fire Protection Included in Taxes Gas Natural Income Adjusted Gross 262620.00 Income Gross Scheduled Rent 272400.00 Income Net Opp Income 183483.00 Income Other Income 3840.00 Income Vacancy Loss 13620.00 Lot Dimensions 146X242 Lot Sqft 36024.00 Multi Tenant Yes Municipal Flood Zone Tbd Municipality Zoning Tucson - R3 Property Disclosures NoneUnknown Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2022 Taxes 74811.11 Terms CashOwner Carry Total Parking 21 Water City

Listing provided by Realty Executives Arizona Territory: (520) 877-4940. Listing information © 2023 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-06-10T00:07:43.923.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Eclipse Real Estate Group | Realty Executives Arizona Territory are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22310286-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22310286-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22310286-2.jpg
Logo
Eclipse Real Estate Group | Realty Executives Arizona Territory
6760 N Oracle Rd, #130
Tucson AZ, 85704
Courtesy of Realty Executives Arizona Territory.